The four-week average number of Florida jobless claims reached its lowest mark since before the COVID-19 pandemic. The U.S. Department of Labor (USDL) released the information on Wednesday.
The data reflected 5,343 first-time unemployment claims filed in Florida during the week that ended Nov. 20, which dropped the four-week average to 6,045 claims.
Governor Ron DeSantis announced Friday in a press release that Florida’s job growth in September grew three times faster over the month than the rest of the nation.
According to the press release, overall for the month, Florida gained 84,500 total jobs, including nearly 73,000 private-sector jobs, which marks 17 months of private-sector job growth, increasing by 5.6% over the year.
The state of Florida has restored more than 950,000 jobs that were lost due to the pandemic, according to Chief Economist and Director of Research for the Florida Chamber of Commerce (FCC), Dr. Jerry Parrish.
In an online presentation titled Florida By the Numbers published by the FCC, Parrish notes that the pandemic resulted in the loss of approximately 1.3 million jobs since April 2020, and that there are still 315,800 jobs to be restored in order to get back to “pre-COVID levels.”
The Florida Department of Economic Opportunity (DEO) released statewide unemployment data on Friday, showing slight increase in the unemployment rate from June to July.
As stated in the DEO release, Florida’s seasonally adjusted unemployment rate was 5.1 percent in July 2021, up 0.1% from the June 2021 rate, and down 6.4% from a year ago.
As the number of vaccinated Floridians continues to rise and businesses opening back up to pre-pandemic levels of operation, the number of unemployment claims for first-time applicants has continued to trend down based off the numbers given by the Department of Economic Opportunity (DEO) and the U.S. Department of Labor (DOL).
There were approximately 14,872 initial unemployment claims in Florida for the week that ended May 8th , a 4,893 decrease in the number of initial claims that were recorded during the prior week, and a 13,145 decrease from the week before that.